Manish Agro-Tech Limited
About Manish Agro-Tech Limited
Data last updated:
Manish Agro-Tech Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 24 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51101MP1996PLC011043. Its GSTIN is 23AACCM7584Q1ZS (Madhya Pradesh).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.6 Cr. It was formerly known as Manish Agro-Tech Private Limited. It is led by directors including Amit Chothwani and Priya Manish Chotwani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 31/F – 13 Vatsalya Chamber Sneh Nagar Main Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹797.62 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹4.67 Cr (net margin 0.6%) and EBITDA of ₹12.33 Cr (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹80.38 Cr and satisfied charges of ₹68.24 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹10.05 Cr; the latest was in September 2018. Its 10 peer companies in the Agriculture industry (Edible Oils, Fertilizers) are compared by revenue, 5 larger and 5 smaller; the largest is KTV Edible Oils Private Limited with revenue of ₹807.09 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address31/F – 13 Vatsalya Chamber Sneh Nagar Main Road, Indore, Madhya Pradesh, India – 452001
- IndustryFood and Beverages, Edible Oils & Cooking Fats
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Manish Agro-Tech Limited
The main business activities of Manish Agro-Tech are manufacturing and trade. In detail, this covers food, beverages and tobacco products and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Manish Agro-Tech Limited FY 2024 filings available
Manish Agro-Tech Limited reported revenue of ₹797.62 Cr (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Manish Agro-Tech Limited
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA rose 7% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Manish Agro-Tech Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹12.33 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.67 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Manish Agro-Tech Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Manish Agro-Tech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Manish Agro-Tech Limited
Manish Agro-Tech has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Chothwani Also directs: Anand Realty Private Limited, Parth Lifecare Private Limited, Anand and Anand Point Private Limited and 5 more | Director | 05 Jun 2008 | 18 Years 4 Months | Current |
| Priya Manish Chotwani Also directs: Anand Realty Private Limited, Parth Lifecare Private Limited, Anand and Anand Point Private Limited and 1 more | Director | 25 Jul 2018 | 8 Years 2 Months | Current |
| Manish Chothwani Also directs: Anand and Anand Point Private Limited, Gaurang Stones Private Limited, Maan Exports Private Limited and 2 more | Director | 30 Apr 2022 | 4 Years 5 Months | Current |
| Kamna Talreja Also directs: Imec Services Limited, Topworth Tollways (Ujjain) Private Limited | Additional Director | 01 Mar 2025 | 1 Years 7 Months | Current |
| Hariom Patidar | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
Peer Comparison of Manish Agro-Tech Limited
Manish Agro-Tech Limited is compared with the companies closest to it by revenue in the Agriculture industry (Edible Oils, Fertilizers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KTV Edible Oils Private Limited | ₹807.09 Cr (FY 2025) | •••• | •••• | 206.0% | •••• | Chennai, Tamil Nadu, India |
| Jaliyan Proteins Private Limited | ₹806.65 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Rajkot, Gujarat, India |
| Vaishnodevi Agro Resources Private Limited | ₹801.38 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Radhanpur, Gujarat, India |
| Sri Aishwarya Refinery Private Limited | ₹798.42 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Hyderabad, Telangana, India |
| Vaighai Agro Products Limited | ₹798.14 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Madurai, Tamil Nadu, India |
| Manish Agro-Tech Limited this company | ₹797.62 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Indore, Madhya Pradesh, India |
| Landsmill Agro Private Limited | ₹793.5 Cr (FY 2024) | •••• | •••• | 74.0% | •••• | New Delhi, Delhi, India |
| VDSD Foods Private Limited | ₹790.21 Cr (FY 2025) | •••• | •••• | 90.0% | •••• | Alwar, Rajasthan, India |
| Manorama Industries Limited Listed | ₹789.41 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Mumbai, Maharashtra, India |
| Priyanka Refineries Private Limited | ₹753.71 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Hyderabad, Telangana, India |
| Ashian Oils Private Limited | ₹751.09 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Manish Agro-Tech by revenue in the Agriculture industry (Edible Oils, Fertilizers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Manish Agro-Tech Limited
Manish Agro-Tech Limited is audited by Mahesh Virendra & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mahesh Virendra & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Manish Agro-Tech Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Manish Agro-Tech Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2023 | Others | ₹80 Cr | Open |
| 22 Dec 2022 | Hdfc Bank Limited | ₹37.86 Lakh | Open |
| 28 Oct 2022 | Others | ₹13.4 Cr | Satisfied |
| 30 Apr 2022 | Others | ₹3.5 Cr | Satisfied |
| 29 Nov 2021 | Others | ₹10 Cr | Satisfied |
Total charge records: 11 View all charges
Deals & Funding of Manish Agro-Tech Limited
Manish Agro-Tech Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹10.05 Cr; the latest was in September 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Prakash Oils Limited. , an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: A.M.Finlease Private Limited |
| Jan 2012 | Funding round | ₹2.4 Cr | Investors: Maan Exports Private Limited , Prakash Soya Limited , 2 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: A.M.Finlease Private Limited , 3 individuals Seller: Durga Nirman Private Limited, Sanmukh Vincom Private Limited , Vikash Vinimay Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: A.M.Finlease Private Limited Seller: Sundrop Securities Private Limted, Muskan Dealers Private Limited , Puspa Trading Private Limited |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Manish Agro-Tech Limited
Manish Agro-Tech Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Company petition | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Manish Agro-Tech Limited
Manish Agro-Tech Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Detective and Security Services | •••• | •••• | •••• |
| Super Mechanical Seal Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Manish Agro-Tech Limited
Employment history and EPFO contributions of people linked to Manish Agro-Tech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Manish Agro-Tech Limited
Manish Agro-Tech Limited has 15 board changes on record since 2008: 5 appointments and 10 cessations. The latest: Kamna Talreja was appointed as Additional Director on 01 Mar 2025.
32 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Manish Agro-Tech Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Manish Agro-Tech Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Manish Agro-Tech Limited
Manish Agro-Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCM7584Q1ZS | Madhya Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Manish Agro-Tech Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Manish Agro-Tech Limited
Manish Agro-Tech is an active public limited company based in Indore, Madhya Pradesh, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 24 July 1996 (30+ years old) and is registered under CIN U51101MP1996PLC011043.
Manish Agro-Tech reported revenue of ₹797.62 Cr for FY 2024 (down 21% YoY).
Manish Agro-Tech has 5 current directors:
- Amit Chothwani - Director
- Priya Manish Chotwani - Director
- Manish Chothwani - Director
- Kamna Talreja - Additional Director
- Hariom Patidar - Director
Manish Agro-Tech reported a net profit of ₹4.67 Cr (net margin 0.6%) and EBITDA of ₹12.33 Cr (EBITDA margin 1.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Manish Agro-Tech is 4% over three years and 23% over five years. In the latest year (FY 2024) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Manish Agro-Tech is 23AACCM7584Q1ZS, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Manish Agro-Tech is U51101MP1996PLC011043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manish Agro-Tech has 1 court case on record: 1 filed against it.
Manish Agro-Tech was incorporated on 24 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Gwalior.
Manish Agro-Tech has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹10.05 Cr; the latest was in September 2018.
The peers of Manish Agro-Tech by revenue are KTV Edible Oils Private Limited, Jaliyan Proteins Private Limited, Vaishnodevi Agro Resources Private Limited, Sri Aishwarya Refinery Private Limited, Vaighai Agro Products Limited and 5 more, all in the Agriculture industry (Edible Oils, Fertilizers).
Kamna Talreja was appointed as Additional Director on 01 Mar 2025. Hariom Patidar was appointed as Director on 30 Sep 2024. Manish Chothwani was appointed as Director on 30 Apr 2022. Manish Agro-Tech has 15 board changes on record in total.